Estonia e-Residency, 99 Percent of Estonia's Public Services Are Online

99 percent of Estonia's public services are online

CNBC Life video above published Aug 14, 2018: Estonian President Kersti Kaljulaid explains how Estonia has transformed itself into a hi-tech society.

feedback & comments via twitter @DomainMondo



Three Causes of China's Stock Market Plunge: Trade, Debt, Uncertainty

Three Causes of China's Stock Market Plunge

Emma Dunkley, the FT.com's Asia markets correspondent, blames the threat of a trade war, economic uncertainty and debt levels for the steep fall in Chinese equities this year. Financial Times (ft.com) video above published Aug 8, 2018.

See also:
Tech Review: 1) Collapsing Chinese Tech Stocks, 2) Tesla Turbulence | DomainMondo.com

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News Review: 1) ICANN EPDP & GDPR, 2) ICANN vs EPAG (Again)

graphic "News Review" ©2016 DomainMondo.com
Domain Mondo's weekly internet domain news review (NR 2018-08-19) with analysis and opinion: Features • 1) ICANN EPDP & GDPR re WHOIS Data, 2)a. ICANN vs EPAG (Again), b. ICANN GDPR Update Callc. Delaware Secretary of State, d. Registry Operators Handbook, e. .New gTLD .PHARMACY, 3) a. GoDaddy $GDDY, b. Tucows $TCX, c.Verisign $VRSN, Domain Brief Q2 20184) ICYMI: When China Rules The Web, Censorship & InfoWars,  5) Most Read.

ICANN EPDP Team Meetings this coming week: Tuesday Aug 21 (agenda), and Thursday Aug 23, 13:00 UTC, 9am EDT. Non-members of the EPDP Team can now follow the EPDP meetings via Adobe Connect: https://participate.icann.org/gnso-epdp-observers, or audio cast via browser or application (e.g., iTunes).

Each EPDP meeting's documents, including agenda, slides and chat transcript, as well as links to the mp3 audio and Adobe Connect recording, when available, will be posted on each meeting's respective wiki page (updates with links will be posted here also). Links to EPDP meeting transcripts will be on the GNSO calendar (and here) approximately 12 hours after each meeting ends. Other useful EPDP links: EPDP Team wiki, mail list, and Temporary Specification.

Highlights from this past week's EPDP Team meetings (emphasis added):
"Frankly, I think ICANN, the organization, is going ahead and creating an access model. So I think we want to sit with them and understand what they're doing and what we think our remit is. And so anything that's provided by ICANN to the community doesn’t land with a thud and everything we do takes advantage of the work that they’ve already done."--Kurt Pritz, EPDP Team Chair, Aug 16 transcript, pp 4-5.
Farzaneh Badii (NCSG): "... I just wanted to make a very first comment about [the] Goran [Marby, ICANN CEO] letter about the access model. I never understood what [the] ICANN plan is, ICANN Org, for providing this access model, why it's asking for comments, do they want to come up with an access model and receiving comments from us. And are they going to implement it? Is there a timeline for implementation? ..." (Aug 16 transcript, supra at p.5)
Milton Mueller (NCSG): "... I'm kind of disagreeing with what you said, Kurt, about there being this kind of coupling of the temp spec with the issues related to URS. I haven't heard any specific evidence as to how there is a problem or conflict caused by the temp spec in terms of the execution of URS ... I heard both of the registry operators saying that there is no problem and that these issues should be resolved in the RPM working group. So I'm not quite understanding. I know that certain stakeholders really want to talk about access and they want to turn this temp spec proceeding into an access proceeding but if that's the agenda, we're going to have to resist it because I don't think there is an access issue here that is not already handled by existing procedures ..." (Aug 16 transcript, supra at pp. 10-11)
Theo Geurts (RrSG): "... I guess I’m not understanding the discussion completely here. From my point of view, I think the URS and the UDRP are working out. I mean, trademark holders can file a complaint and the process is being kicked off and it’s working. So, I wouldn’t spend too much time on this on something that is working. Every contracted party has to balance the rights of the data subject compared to the interests of the trademark holders. So, I think the balancing act is there and it’s pretty much a safeguard for abuse on a couple of levels ..." (Aug 16 transcript, supra at p. 14)
Stephanie Perrin (NCSG): "... I just wanted to recall Thomas Rickert’s excellent question about whether ICANN has an overall plan for compliance with GDPR because this discussion is a pretty good illustration of what we were worried about when the NCSG basically tried to limit the scope of the EPDP to a very narrow one ... I would recommend that we start a parking lot for issues that need to be resolved as a result of GDPR implementation but are not necessarily part of this particular spec. Because if we dragged everything and, unfortunately, we will have to examine all of the details surrounding all of the policies. And unfortunately, many ICANN policies will have to be rejigged as a result of GDPR compliance ... So, let’s start a parking lot, and if we have time we can fix all of these things. And if not, we leave them to the next PDP." (Aug 16 transcript, supra at pp. 14-15)
Milton Mueller (NCSG): "... So, let’s just clarify this. It’s all in writing about reasonable access. Registrars are already required to provide reasonable access under the temp spec. Now, the leap that (Alex) and (Mark) were making is that, oh, it’s part of our mandate that we have to have a policy to define what reasonable access means. That is actually not necessarily the case. If we agreed that this is going - reasonable access is going to be defined by registrar by registrar basis based on what jurisdiction they are in, what policies there are, that would be the status quo under the temp spec. Now, I know that a lot of people don’t want that ... But the question of whether we get or need a uniform access policy is not demanded by EPDP’s charter. Instead, the charter says ... we have to answer a bunch of gating questions before we decide whether and what the uniform access policy would be. So, yes, I think this issue seems to be a sticking point and it doesn’t need to be. If you want to talk, you know, what we do first is we decide what parts of the temp spec we’re going to keep and what is now a consensus policy. And then we answer the gating questions and then we get into the issue of, do we need a uniform access policy or how to redefine reasonable access. I think the sequence is very clear. And we can avoid going over this again and again if people simply recognize the sequence and the question of defining reasonable access is, indeed, an open question, not one that we must do." (Aug 16 transcript, supra at pp. 17-18)
Mark Svancarek (BC): "Well, as promised five minutes ago, if we’re going to state that access is not an appropriate topic, then I will have to, of course, intervene and say that I think it is. So, thank you to Dr. (Mueller) for clarifying his position. I have to say, I feel like this is - I’ve not really understood where he’s coming from. So my understanding is that he’s saying that there is no requirement that we will eventually end up on a particular unified access model. And I suppose that’s correct. But I think perhaps we should be very careful about the words we use when we talk about this because many of us are saying the word reasonable access and other people are perhaps making much broader, more sweeping statements that could be interpreted as we don’t have to talk about access at all. And I think those sort of disconnects are resulting in a lot of overhead in the discussions and confusion and concern." Kurt Pritz: "Thanks, (Mark) and if it’s okay with everybody, I’ll bring this part of the overhead discussion to a close." (Aug 16 meeting, supra at pp. 19-20)
The CyberSecurity Risks of an open, public WHOIS directory: 
Theo Geurts (RrSG): "... And I wanted to respond on a couple of things that are happening in the chat regarding security, transfers, domain name hijacks and I would like to point out that now that WHOIS [registrant data] by most registrars is redacted that one of the biggest attack vectors used by criminals and hacking folks is now gone because now there’s no details that give a hacker the ID on which email address or which email account he has to hack. It’s no longer visible. It makes it a lot harder for a criminal to hack such accounts because it’s no longer displayed ... we do have the feeling that domain hacks actually have gone down ... So having the email address no longer in the ... WHOIS ... is like making it 50% more secure, that I’m not sure I’m correct in the percentage but it makes it a lot more difficult to hijack or steal a domain name . . . .  we’re getting less complaints, the transfer process got easier, our resellers are more happier so that simplification in the process I was kind of amazed how that worked out on an operational level. So, so far we are pretty positive ... so for us it’s working out really, really great." (Aug 16 meeting, supra at pp. 28-30)
Editor's note: see also the note further below about the cybersecurity risks of fax numbers and fax machines.

Note also: GNSO Council meeting 16 Aug 2018, excerpts from Chat transcript (pdf) re EPDP:
Keith Drazek (RySG): Thanks for the EPDP update Rafik. On the point of the EPDP Vice Chair/Council Liaison roles, I am ok with you doing both. This is a unique situation where the size of the group is limited in size .... I think the next step in the Charter is to focus on the list of questions related to the Temp Spec and gating for the other discussions. Marika Konings: The triage is expected to help inform priorities and the detailed work plan going forward. And as Rafik mentioned, we do have a high level timeline that outlines the different milestone delivery dates ... Pam Little, RrSG: Have we seen a work plan developed by the EPDP Team? Marika Konings:@Pam - that is still in development. As said, the triage effort is expected to help inform how to tackle the Temporary Spec / Charter questions ... Ayden Férdeline: Yes, the EPDP is not making much progress, if any ... Some participants from Advisory Committees spend time on calls asking for things that could be resolved over email, i.e. please can you call out to our Observer who has poor Internet ... A lot of time is being spent relitigating what is in the charter, too, particularly as it relates to access."
More information (links to recordings, transcripts, documents) re: the Aug 14 and Aug 16 EPDP Team meetings on last week's News Review
ICANN's GDPR Train Wreck ©2018 DomainMondo.com (graphic)
Definition: "train wreck" (noun) a chaotic or disastrous situation that holds a peculiar fascination for observers.
See also:
  • ICANN CEO Goran Marby (in photo above) and EPDP Chair Kurt Pritz's emails.
  • EPDP & ICANN's Picket Fence (pdf): ICANN's 'Picket Fence' circumscribes ICANN's authority with regard to domain names.
  • Why ICANN Should Not Require Collecting, Much Less Publishing, Registrants' Fax Numbers--FAX HAX: fax machines pose a huge vulnerability to the cybersecurity of businesses and other organizations, according to a new studyA fax number is the only thing required to carry out the attack. Many fax machines run on decades-old protocols that are easy for hackers to penetrate, says Israel-based soft­ware com­pany Check Point. Most fax lines are connected to an organization's larger IT network, so after a cyber intruder makes their way into an insecure fax machine, everything else, regardless of what other cyber protections are in place, can become easy targets--TheHill.com.
  • Working Paper (pdf) on standards for data protection and personal privacy in cross-border data requests for criminal law enforcement purposes (Budapest, Hungary, 9/10 April 2018)--datenschutz-berlin.de.

2) Other ICANN News
graphic "ICANN | Internet Corporation for Assigned Names and Numbers"
a. ICANN v. EPAG Domainservices, GmbH: ICANN's Plea of Remonstrance (in German)[pdf, 2.27 MB]. The English Translation [pdf, 276 KB] is embed below (personal identifiable information has been redacted by ICANN) 17 August 2018:

Prior filings in the case are here. See also English Translation of EPAG’s Comment on ICANN’s Submission of Letter from European Data Protection Board [pdf, 517 KB] 1 Aug 2018.

b. ICANN Community Leaders' GDPR Update Call, 13 Aug 2018 (pdf) excerpt below:
GDPR update call 13 Aug 2018 Adobe Connect recording and Audio Recording [MP3, 3.77 MB].

c. 14 Aug 2018 Letter of Delaware's Secretary of State (pdf) to ICANN re: new gTLDs that meet the definition of “company endings” including, but not limited to, .INC, .CORP, .LLP, .LTD, .COMPANY and .LLC (letter embed below):

d. ICANN Global Domains Division (GDD) 
 ICANN GDD General Operations Handbook for Registry Operators
General Operations Handbook for Registry Operators (revised) 15 Aug 2018 gdd-ops-handbook-registry-operators-15aug18-en.pdf [pdf, 429 KB].

e. New gTLD .pharmacy notice of beach of registry agreement (pdf), status as of 17 Aug 2018:
 breach notice .PHARMACY
source: ICANN.org

3) Names, Domains & Trademarks
graphic "Names, Domains & Trademarks" ©2017 DomainMondo.com
a. Domain Name Registrar GoDaddy $GDDY:
GoDaddy shares fall after pricing its secondary public offering of 10.4 million shares from selling stockholders--marketwatch.com 15 Aug 2018.

b. Domain Name Registrar Tucows $TCX Q2 2018:  Tucows management will post responses to questions of general interest to the Company’s web site on Wednesday, August 22 at 9:00 a.m. EDT at http://www.tucows.com/investors/financials/.

c. Domain Name Registry Operator (.COM, .NET et al) Verisign $VRSN--Tracking Warren Buffett's Berkshire Hathaway (NYSE:BRK.A and NYSE:BRK.B) Portfolio - Q2 2018 Update:
VeriSign Inc. $VRSN shares were first purchased by Berkshire in Q4 2012 at prices between $34 and $49.50. The position was more than doubled in Q1 2013 at prices between $38 and $48. The following quarter saw a one-third increase at prices between $44 and $49. Q1 and Q2 2014 also saw a combined ~17% increase at prices between $47 and $63. $VRSN currently trades at ~$150 and the Berkshire position is ~0.91% of Berkshire's total portfolio, about 10% ownership interest in Verisign. Read more at SeekingAlpha.com 15 Aug 2018.

See also The Verisign Domain Name Industry Brief Q2 2018 | verisign.com:
  • 10 largest top-level domains (TLDs) in the world (.png)--4 gTLDs + 6 ccTLDs--can you name in the correct order, all top-ten TLDs? 
  • The second quarter of 2018 closed with approximately 339.8 million domain name registrations across all top-level domains (TLDs), an increase of approximately 7.9 million, or +2.4% year over year.
  • Total new gTLDsdomain name registrations decreased by approximately 2.5 million domain name registrations, or -10.4%  year over year, ending the second quarter of 2018 with a total of only 21.8 million domain name registrations.
  • Legacy gTLD .COM domain name registrations increased by 6.4 million, or +5.0% year over year.  As of June 30, 2018, the .com domain name base totaled approximately 135.6 million domain name registrations (as compared with 129.2 as of June 30, 2017).  
  • Legacy gTLD .NET domain name registrations decreased by 1.0 million, or -7.0% year over year. As of June 30, 2018, the .net domain name base totaled approximately 14.1 million domain name registrations (as compared with 15.1 as of June 30, 2017). 
  • Total country-code TLD (ccTLD) domain name registrations were approximately 149.7 million at the end of the second quarter of 2018, an increase of approximately 5.5 million domain name registrations, or +3.8%, year over year.

4) ICYMI Internet Domain News 
graphic "ICYMI Internet Domain News" ©2017 DomainMondo.com

"... given China’s size and technological sophistication, Beijing has a good chance of succeeding—thereby remaking cyberspace in its own image. If this happens, the Internet will be less global and less open. A major part of it will run Chinese applications over Chinese-made hardware. And Beijing will reap the economic, diplomatic, national security, and intelligence benefits ..."
  • "It will be a dark day for internet freedom if Google has acquiesced to China’s extreme censorship rules to gain market access."--Patrick Poon, China Researcher at Amnesty International--amnesty.org.
  • The Unlikely Activists Who Took On Silicon Valley and Won: Facebook and Google made billions mining personal data, and fought off anyone who threatened to stop them. Then came a challenge in their own backyard--NYTimes.com
"Political power is a malleable thing, Mactaggart had learned, an elaborate calculation of artifice and argument, votes and money. People and institutions — in politics, in Silicon Valley — can seem all-powerful right up to the moment they are not. And sometimes, Mactaggart discovered, a thing that can’t possibly happen suddenly becomes a thing that cannot be stopped."
  • Censorship & InfoWars:
Infowars Website Traffic Explodes After Silicon Valley Blacklists Alex Jones Empire | zerohedge.com"They are using me as a test case to try to bring an EU style web censorship"--Alex Jones. InfoWars Videos, Podcasts, and Social Posts Have Disappeared. Here's Why Its Website Won't Be Next | Fortune.com: Internet infrastructure companies like web hosts, registrars, and CDNs were right to largely remain neutral in Infowars-like debates, civil rights experts say.
Alex Jones is far from the only person tech companies are silencing August 12, 2018, by David Greene, civil liberties director and senior staff attorney for the Electronic Frontier Foundation (eff.org): "Facebook, Twitter, Apple and other companies routinely silence voices in marginalized communities around the world that struggle to be heard in the first place, replicating their offline repression."
  • Internet Freedom, Free Speech & Free Press: If the US government prosecutes Julian Assange and WikiLeaks, it will mark a point of no return--zerohedge.com.

5) Most Read Posts this past week on DomainMondo.com: 
graphic "Domain Mondo" ©2017 DomainMondo.com

-- John Poole, Editor, Domain Mondo 

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Tech Review: 1) Collapsing Chinese Tech Stocks, 2) Tesla Turbulence

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2018-08-18)--Domain Mondo's weekly review of tech investing news with commentary, analysis and opinion: Features • 1) Tencent & Other Collapsing Chinese Tech Stocks, 2) Tesla $TSLA Turbulence, 3) Investing: The Week, Investing Notes, 4) ICYMI Tech News: Facebook, What's Next and more.

1) Tencent & Other Collapsing Chinese Tech Stocks 
Falls from recent highs in 2018 as of August 15, 2018:
  • Tencent -27%  HK: 0700
  • Alibaba Group -21% NYSE: BABA
  • Baidu -23% NASDAQ: BIDU
  • Xiaomi -23% HK: 1810
  • HUYA -45% NYSE: HUYA
Aspects of Tencent stock fall 'attributed' to power politics in China

CNBC Life video published Aug 16, 2018: Gavin Parry, managing director at Parry Global Group (parry-group.com), discusses Tencent's latest surprising earnings report.

See also:
  • Alibaba $BABA: "In the best-case scenario, Alibaba is the goofiest, most convoluted, opaque, mismanaged accounting mess and business structure in history"--deep-throat-ipo.blogspot.com. See the Form 20-F.

2) Tesla $TSLA Turbulence
Elon Musk Details ‘Excruciating’ Personal Toll of Tesla Turmoil | NYTimes.com 16 Aug 2018.

Tesla shares are getting slammed after Elon Musk's off-kilter interview with the NYT | CNBC.com 17 Aug 2018.

Elon Musk's 2018: Tesla, Flamethrowers and Lots of Tweets

Wall Street Journal (wsj.com) video above published Aug 15, 2018: Elon Musk's market-moving tweet about possibly taking Tesla private is just the latest erratic move in a tumultuous year for the CEO. See also: Tesla Is Said to Be Subpoenaed by S.E.C. Over Elon Musk Tweet | NYTimes.com 15 Aug 2018.

3) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
The Week: Dow, S&P 500 end the day and week higher buttressed by optimism over China-U.S. trade talks | MarketWatch.com.

Week ending 17 Aug 2018: NASDAQ Composite -0.3% | S&P 500 Index +0.6% | DJIA +1.4%

Wall Street's Charging Bull
graphic of Charging Bull | DomainMondo.com
Investing Notes: A Squeeze Is On

a. Grand Collapse in Turkey; to avoid the same fate, Argentina hikes rate to 45% | WolfStreet.com.

b. Rise of US Dollar Haunts Emerging Market Debt | WolfStreet.com 14 Aug 2018.

c. Tech still all the rage while bears prowl emerging markets: BAML survey | reuters.com.

d. Chinese banks’ bad loans grow at record pace in second quarter | chinaeconomicreview.com.

4) ICYMI Tech News:
graphic: "ICYMI Tech News" ©2017 DomainMondo.com
Facebook: what's next?

FT.com video above published 16 Aug 2018: After Facebook's share price $FB plunge, what's next for the social network? The FT's Hannah Kuchler posts from shareholder, advertiser and user perspectives.
  • AI & Fintech: how artificial intelligence is transforming financial services--weforum.org.

-- John Poole, Editor, Domain Mondo  

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Bain Capital Taking UK Insurer Esure.com Private In $1.55 Billion Deal

Esure Group
Stock Exchange & Symbol  |  LON: ESUR
Principal domains: esure.com, esuregroup.com, sheilaswheels.com
Headquarters: Reigate, England, UK
Founded: 2000; Launched online 2001.
Chairman & Founder: Sir Peter Wood
“This (Bain offer) was out of the blue. Bain Capital people came to see me in Palm Beach, Florida, at the end of April, I listened to them and then we had a few informal discussions and then it became more serious”--Esure Chairman Peter Wood.
According to a report in Reuters, the company employs a total 1,850 persons in offices at Reigate, Manchester and Glasgow in the UK, and Bain cited esure’s “nimble and focused approach, lean structure and strong use of technology”. Chairman Peter Wood and Halifax Bank launched esure.com in 2001, and after a management buy-out in 2010, it became an independent company and listed on the London Stock Exchange in March 2013 at 290 pence per share.

Esure launched female-focused insurance brand "Sheilas’ Wheels" (domain: sheilaswheels.com) in 2005, and Esure's competition includes  Aviva (LON: AV), RSA (LON: RSA), Direct Line (LON: DLG), Hastings (LON: HSTG) and Admiral (LON: ADM) in the UK's competitive car insurance market.

See also:

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Nvidia $NVDA Q2 FY19 Earnings, LIVE Webcast August 16, 5:30pm EDT

A Tour of NVIDIA Holodeck

Collaborate and create in VR:  NVIDIA Holodeck™ is a virtual reality (VR) innovation platform that brings designers, peers, and stakeholders together from anywhere in the world to build and explore creations in a highly realistic, collaborative, and physically simulated VR environment. See how NVIDIA Holodeck can bring teams together, speed up productivity, and improve an entire creative process at nvidia.com/holodeck.

Since 2014, Nvidia has shifted to become a platform company focused on four markets – gaming, professional visualization, data centers and auto, but is now also focused on artificial intelligence (AI). In addition to GPU manufacturing, Nvidia provides parallel processing capabilities for researchers and scientists to efficiently run high-performance applications deployed in supercomputers around the world. In the mobile computing market, it produces Tegra mobile processors for smartphones and tablets as well as vehicle navigation and entertainment systems.Competitors include AMD, Intel, Qualcomm and Arm (Nvidia also licenses Arm's designs).

Nvidia Corporation is a U.S.-based technology company incorporated in Delaware with headquarters in Santa Clara, California.
Stock exchange: symbol - NASDAQ: NVDA
Principal domain: nvidia.com
Investor Relations: investor.nvidia.com
After hours trading August 16, 2018: Nvidia Shares Slump on Weak Q3 Guidance--TheStreet.com
UPDATE: Earnings Call Transcript | SeekingAlpha.com

NVIDIA 2nd Quarter FY19 Financial Results 16 Aug 2018, 5:30pm EDT Listen to Webcast

UPDATE Q2 FY19 results: CFO Commentary (pdf) and NVIDIA Quarterly Revenue Trend (pdf) excerpt (emphasis added):
Third Quarter of Fiscal 2019 Outlook Our outlook for the third quarter of fiscal 2019 is as follows: • Revenue is expected to be $3.25 billion, plus or minus two percent. We are including no contribution from crypto in our revenue outlook. • GAAP and non-GAAP gross margins are expected to be 62.6 percent and 62.8 percent, respectively, plus or minus 50 basis points. • GAAP and non-GAAP operating expenses are expected to be approximately $870 million and $730 million, respectively. • GAAP and non-GAAP other income and expense are both expected to be income of approximately $20 million. • GAAP and non-GAAP tax rates are both expected to be 9 percent, plus or minus one percent, excluding any discrete items. GAAP discrete items include excess tax benefits or deficiencies related to stockbased compensation, which are expected to generate variability on a quarter by quarter basis. • Capital expenditures are expected to be approximately $125 million to $150 million.

NVIDIA news release:
NVIDIA will host a conference call on Thursday, August 16, at 2:30 p.m. PT (5:30 p.m. ET) to discuss its financial results for the second quarter of fiscal year 2019, ending July 29, 2018.The call will be webcast live (in listen-only mode) at the following websites: www.nvidia.com and www.streetevents.com. The company’s prepared remarks will be followed by a question and answer session, which will be limited to questions from financial analysts and institutional investors.
Ahead of the call, NVIDIA will provide written commentary on its second-quarter results from its CFO. This material will be posted to investor.nvidia.com immediately after the company’s results are publicly announced at approximately 1:20 p.m. PT.
To listen to the conference call, dial (877) 223-3864 or, for those outside the United States, (574) 990-1377, conference ID 3298827.
A replay of the conference call will be available until August 23, 2018, at (855) 859-2056, conference ID 3298827. The webcast will be recorded and available for replay until the company’s conference call to discuss financial results for its third quarter of fiscal year 2019.

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Tencent Holdings Q2 2018 Earnings, LIVE Webcast, Aug 15, 8am EDT

Tencent Holdings Ltd.
Hong Kong Stock Exchange: HKG: 0700
Tencent Holdings Ltd: HKG: 0700
Principal domain: tencent.com
Investor Relations: tencent.com/en-us/investor.html

UPDATE: Q2 2018 Earnings Release (pdf) excerpts:
  • Total revenues were RMB147,203 million (USD22,248 million1 ), an increase of 39% over the first half of 2017 (“YoY”). 
  • Operating profit was RMB52,499 million (USD7,934 million), an increase of 25% YoY. Operating margin decreased to 36% from 39% last year. 
  • Profit for the period was RMB42,553 million (USD6,431 million), an increase of 30% YoY. Net margin decreased to 29% from 31% last year. 
  • Profit attributable to equity holders of the Company for the period was RMB41,157 million (USD6,220 million), an increase of 26% YoY. 
  • Basic earnings per share were RMB4.363. Diluted earnings per share were RMB4.303
See also: "Tencent's earnings disappointment, which sent the stock plunging and dragged EM futures lower..."--Tech Stocks Slammed After Tencent Shocker | ZeroHedge.com 15 Aug 2018.

Tencent Holdings Limited's release of 2018 Second Quarter and Interim Results: Wednesday, August 15, 2018. Mr. Ma Huateng, Chairman & CEO, Mr. Martin Lau, President, Mr. James Mitchell, CSO and Mr. John Lo, CFO, will host a conference call to review the Company’s business and financial performance and discuss the Company’s future plans. A live webcast of this conference call will be available on the Company’s website as follows: time: 8:00 p.m. HKT/ 8:00 a.m. EDT Webcast Access: http://www.tencent.com/webcasting/2Q18. PowerPoint slides will be presented during the live webcast. Archived webcast will be available at the same link above.

Dial-in numbers: US Toll Free: 184 4760 0770; UK: +44 20371 35084; China (Landline): 80087 00532; China (mobile): 40062 40407; International: +65 6713 5330; HK: +852 3018 8307; Passcode for Participants: 267 9428. A replay of the conference call can be reached at 185 5452 5696 (US Toll Free), or +61 2 9003 4211 (International). Conference ID number is 267 9428.

Tencent Holdings Limited is a Chinese multinational investment holding conglomerate founded in 1998, with subsidiaries specialize in various internet-related services and products, entertainment,  artificial intelligence and technology both in China and globally. 

Headquarters: Its twin-skyscrapers headquarters Tencent Seafront Towers (also known as Tencent Binhai Mansion) are based in Nanshan District, Shenzhen, China.

According to its Wikipedia.org profile: "Tencent is the world's biggest investment corporation, one of the largest internet and technology companies, one of the biggest venture capital firms, and the largest and most valuable gaming (Tencent Games) and social media company. Its many services include social network, music, web portals, e-commerce, mobile games, internet services, payment systems, smartphones, and multiplayer online games, which are all among the world's biggest and most successful in their respective categories. Offerings in China include the well-known instant messenger Tencent QQ and one of the largest web portals, QQ.com. Its mobile chat service WeChat has helped bolster Tencent's continued expansion into smartphone services, and has been credited as one of the world's most powerful apps. It also owns the majority of China's music services (Tencent Music Entertainment), with more than 700 million active users and 120 million paying subscribers, the world's largest and most profitable."
  • Revenue: 237.8 billion CNY (2017)
  • Subsidiaries: Epic Games, Tencent Games, Riot Games, Supercell, WeChat and more.
  • Founders: Ma Huateng a/k/a Pony Ma, Chen Yidan, Zhang Zhidong, Xu Chenye, Zeng Liqing
See also: Government of China blocks Tencent fantasy game days after launch--chinaeconomicreview.com 14 Aug 2018.

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Coworking Space Startup WeWork and Asia's Coworking Boom (video)

Asia's coworking boom: 'We're still in the starting out phase'

CNBC Life video above published Aug 9, 2018: Turochas Fuad, WeWork managing director for Southeast Asia, talks about the coworking space start-up's expansion plans in the region.

WeWork is a U.S.-headquartered company that provides shared workspaces, technology startup subculture communities, and services for entrepreneurs, freelancers, startups, small businesses and large enterprises.
  • Founded: 2010, SoHo, Manhattan, New York City, NY
  • Founders: Adam Neumann, Miguel McKelvey
  • Headquarters: New York City, NY
  • Domain: wework.com

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RegTech Startup Exate Technology, GDPR Data Privacy Solution (video)

Tech Talk: interview with Sonal Rattan, Exate Technology

TheBanker.com video above published Aug 6, 2018: Sonal Rattan, co-founder and chief technology officer, Exate Technology, a regtech start-up that won Innovate Finance’s Pitch360 competition in March, talks to Joy Macknight about data protection in the context of the EU’s General Data Protection Regulation.

Exate Technology

Exate Technology video above published Jun 22, 2018: Responsible Risk video for PwC.

Exate Technology
Headquarters: London, England, UK
Domain: exatetechnology.com

Exate Technology | London | GDPR Data Privacy Solution
 Exate Technology
"#RegTech enabling compliance with #GDPR & Cross Border Data Transfers. Our solution allows clients to easily & effectively control how #data is accessed."

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News Review: GDPR, ICANN & WHOIS Data, EPDP Dysfunction

graphic "News Review" ©2016 DomainMondo.com
Domain Mondo's weekly internet domain news review (NR 2018-08-11) with analysis and opinion: Features •  1) GDPR, ICANN & WHOIS Data, EPDP Dysfunction2) Other ICANN news: a. Odd Correspondence, b. .ISLAM, .HALAL, c. Contract Compliance, and more, 3) Names, Domains & TMs: a. Another ICANN new gTLD .BRAND #FAIL, and more, 4) ICYMI, 5) Most Read.

1) GDPR, ICANN & WHOIS Data, EPDP Dysfunction
UPDATE: EPDP Team Meeting #5 Thursday, 16 Aug 2018 at 13:00 UTC 9am EDT. Meeting agenda:
1. Roll Call & SOI Updates
2. Welcome and Updates from EPDP Team Chair
3. Summary of responses to EPDP Input Survey Part 3 - Results for Appendix D: Uniform Rapid Suspension, Appendix E: Uniform Domain Name Dispute Resolution Policy, Appendix G: Supplemental Procedures to the Transfer Policy

4. Substantive Discussion of Temporary Specification:
  • Part 3 of the Survey can be found at https://www.surveymonkey.com/r/7PWQPP7
  • Appendix D: Uniform Rapid Suspension
  • Appendix E: Uniform Domain Name Dispute Resolution Policy
  • Appendix G: Supplemental Procedures to the Transfer Policy
5. Confirmation of action items and questions for ICANN Org, if any
6. Wrap and confirm next meeting to be scheduled for Tuesday 21 August at 13.00 UTC.

UPDATE 15 Aug 2018: Non-members of the EPDP Team can now follow the EPDP meetings taking place on Tuesdays and Thursdays at 13:00 UTC via Adobe Connect (view only for alternates and observers): https://participate.icann.org/gnso-epdp-observers, or audio cast via browser or application (e.g., iTunes).

August 16 meeting spreadsheet, and slides (pdf) embed below. Chat transcript (pdf), replay of mp3 audio and Adobe Connect recording (allow several seconds for recording to open). High level notes and action items here. 16 August 2018 Meeting transcript (pdf). Other links: EPDP Team wiki,  mail list, and Temporary Specification.

EPDP Team Meeting #4 Tuesday, August 14 at 13:00 UTC 9am EDT. Meeting agenda, background document, slides (embed below), chat (pdf), Mp3 recording, Adobe Connect Recording.

Meetings August 7 and August 9, 2018, notes:

"Triage" summary above--"Initial indications are that the level of consensus is low."--Kurt Pritz, EPDP Chair
EPDP Team meeting August 7, 2018, excerpts (emphasis added):
“… the third takeaway was given the lack of consensus I think we should get over this triage section right away. I think I had a fond dream that there would be some minor differences on some points and we’d, you know, we’d discuss them, find a resolution so we tick another box where there’s consensus but given - I don't think that’s possible so I think it’s important for us to make a triage report to the GNSO and then get into the heavy lifting work right away.”—EPDP Chair Kurt Pritz, 7 Aug 2018 transcript, pp. 5-6 of 46.
"... the clause that says, you know, if there’s a conflict between the temporary spec and other portions of the agreement, the temporary spec will prevail and then it goes onto say, “Unless ICANN determines in its reasonable discretion that this temporary specification shall not control,” is problematic. So many found that clause to be problematic ..." --EPDP Chair Kurt Pritz, 7 Aug 2018 transcript, supra, p. 10.
Milton Mueller (NCSG): "... What matters here is the actual purpose of ICANN, not us specifying other uses of third parties. That we have to get the rationale first ... our purpose is a limited one consistent with ICANN's mission." 7 Aug 2018 transcript, supra, p. 19. 
Milton Mueller (NCSG): "... that question reveals the misunderstanding that is causing about - I’d say about 50% of the disagreement here. First of all you’re always - to have a domain name registration, you're always going to be collecting a significant amount of personal information, you need to know who’s registered the name, who owns it ... how they [can] be contacted ... law enforcement will always be able to request that data under their law for legitimate purposes ... I assume none of us want ICANN to be collecting our social security numbers as Americans or our national identity cards in a number - or (ADHAR) number, if you're an Indian citizen. I think we’d all view that as kind of creepy, wouldn’t we? I hope. But that in fact would greatly facilitate law enforcement, if they did that, right? So it’s a very simple line ... ICANN will collect ... data for its own purposes. Law enforcement will issue subpoenas or have some kind of access mechanism that when they have a legitimate purpose gives them access to it. But ICANN’s purpose is not to be law enforcement on the internet; that’s not the reason it collects the data it collects. To me this is very obvious and simple and I don't think it should be construed as me or anyone saying that law enforcement will never have access to data that they need to solve crimes." 7 Aug 2018 transcript, supra, pp.24-25.
Milton Mueller (NCSG): "... the reason we greatly dislike [Temporary Specification] 4.4.2 and anything like it is it seems to say that we’re just opening the door to anybody who wants the data to get it as long as it’s some kind of a legitimate interest not outweighed by the fundamental rights of relevant data subjects. So essentially you're begging the entire question here. You're saying we’ll provide access to anything and everything as long as it’s legal but again, ICANN is in no position to determine what is legal; it’s the GDPR and other privacy laws that determine what’s legal. So why is this [4.4.2 of the Temporary Spec] even in here?" 7 Aug 2018 transcript, supra, p. 33.
Milton Mueller (NCSG): "... there is no public interest definition in ICANN's maintenance of the directory service in its core mission and - as somebody who has 30 years of experience in telecommunications regulation under a public interest standard, I think you really got to move away from that claim as fast as you can." 7 Aug 2018 transcript, supra, p. 36.
Chat transcript Aug 7, 2018 excerpts:
  • Stephanie Perrin (NCSG): "The entire temp spec starts with the assumption that WHOIS should be maintained to the maximum extent possible. This is not necessary, today, given the possibilities RDAP brings. A de novo approach is required."
  • Milton Mueller (NCSG): "The only collection issue that has been contested under GDPR is Admin and Tech contact."
  • Milton Mueller (NCSG): "so really, is that all we are debating here - whether Admin and Tech contact should be collected?"
  • Benedict Addis (SSAC): "... I've never seen a case where LE [Law Enforcement] needed Admin or Tech contacts." [Addis is a former Law Enforcement Officer]
  • Milton Mueller (NCSG): "right, Benedict, so there's not much of a collection issue here is there?"
  • Benedict Addis (SSAC): "Yep, I agree - as long as there’s no mission creep!"
  • Benedict Addis (SSAC): "And can we get rid of fax numbers whilst we’re at it ..."

Editor's note: since ICANN's incompetent management team, which wrote the Temporary Specification, obviously neither understands the domain name industry nor ICANN's own mission and purpose, a little historical review may be helpful. Where does this Admin and Tech contacts requirement originally come from? RFC1591 (1994) which deals with top-level domains (e.g., .COM, .NET, .ORG, and ccTLDs): 
"1) The key requirement is that for each [top-level] domain there be a designated manager [registry operator] for supervising that domain's name space. In the case of top-level domains that are country codes [ccTLDs] this means that there is a manager that supervises the domain names and operates the domain name system in that country. The manager must, of course, be on the Internet. There must be Internet Protocol (IP) connectivity to the nameservers and email connectivity to the management and staff of the manager. There must be an administrative contact and a technical contact ... the administrative contact must reside in the country involved."
It's way past time for ICANN to stop being "stuck on stupid." As I have noted before, the only registration data (re: the "registrant") necessary for the ICANN RDS and/or WHOIS is the name, address, phone number, and email address, of the legal entity or person registering (i.e., the "registrant") the domain name, also referred to as the legal and lawful "domain name holder" a/k/a the "responsible entity or person" for the police to contact about a domain name. A registrar may have much more information about one of its registrants (billing, credit cards, other contact info, etc.) but NONE of that additional information about a registrant, or the registrant's organization, is necessary for ICANN's purposes and mission. My registrars may have all kinds of information about me and my companies, none of which is ICANN's business beyond the name, address, phone number, and email address of the registrant of each gTLD domain name. Requirements for an "admin contact" and "tech contact" for each domain name, in addition to the domain name registrant's contact information, are unnecessary, and in most cases redundant and duplicative, as Tucows CEO Elliot Noss talked about at ICANN62, as well as problematic in view of GDPR requirements.  

Frankly, ICANN (and much of the "ICANN community") is clueless because ICANN excludes most Registrants from participating in the "ICANN community"--there is no Registrants Stakeholder Group nor any other group within ICANN that primarily represents the millions of entrepreneurs that comprise the vast majority of domain name registrants globally (the ICANN Business Constituency is essentially just another branch of the IP Constituency--big corporations and their lawyers and lobbyists interested in enforcing "Intellectual Property Rights"). That is a major reason why ICANN is failing the global internet community generally, and the needs of millions of domain name registrants worldwide.

See also: ICANN Chairman's letter re: EPDP costs (pdf), and Answers to the questions posed to ICANN Org from the Tuesday, 7 August 2018 EPDP Team meeting. More info in last week's News Review

 ICANN's GDPR Train Wreck
  • ICANN loses injunction bid in dispute over WHOIS data in Germany | out-law.com (Legal news and guidance from Pinsent Masons law firm): The EDPB [European Data Protection Board] guidance effectively requires ICANN to "go back to the drawing board to make its rules around the collection and use of WHOIS data compliant with the General Data Protection Regulation (GDPR)"--Karen Gallagher of Pinsent Masons, an expert in data protection and IP law.
  • "Internet overseer ICANN loses a THIRD time in Whois GDPR legal war - US org told by German court its delusional claims in privacy rules battle are not credible"--Kieren McCarthy, theregister.co.uk.

2) Other ICANN News
graphic "ICANN | Internet Corporation for Assigned Names and Numbers"
a.  Odd Correspondence published by ICANN 10 August 2018:
 Marby Letter re ICANN Brussels regional office activities
9 Aug 2018 Letter from ICANN CEO Göran Marby to Willem Debeuckelaere (pdf), re: "activities of the Brussels Branch Office" in reply to 16 July 2018 Letter from Willem Debeuckelaere to Jean-Jacques Sahel (pdf). Editor's note: see Brussels Branch Manager and Legal Representative ICANN Resolutions 2017.06.24.12 – 2017.06.24.15.

b. New gTLDs .ISLAM and .HALAL: 1 Aug 2018 Letter from Attorney Mike Rodenbaugh to ICANN Outside Legal Counsel Eric P. Enson (pdf), embed below:

See also:

c. WHOIS & GDPR--ICANN Contract Compliance--3 August 2018 Letter from ICANN (Maguy Serad) to Ben Milam re ICANN WHOIS Enforcement Process. See also 13 July 2018 Letter from Ben Milam to Maguy Serad.

d. Overtasked: GNSO Project List (pdf)

e. ICANN Board Committees Reports (Jan-Jun 2018)

f. 9 Aug 2018 Letter from GAC (pdf) to GNSO re IGO Curative PDP Final Report.

g. New gTLDs .INC, .LLC, .LLP: Correspondence and Resolution (pdf) to ICANN from the National Association of Secretaries of State (NASS).

h. 8 Aug 2018 Letter from ICANN to NTIA (pdf) re: NTIA's letter of 16 April 2018 regarding Port 43 access and modifications to DNS Resource Records.

i. ICANN Global Domains Division (GDD) General Operations Handbook for Registrars (pdf).

Names, Domains & Trademarks
graphic "Names, Domains & Trademarks" ©2017 DomainMondo.com
a. Another ICANN new gTLD .BRAND Extortion Racket #FAIL: 
Editor's Note: The Friday, July 13, 2018 Letter at the end reads like a termination notice to ICANN CEO Goran Marby
b. Yes, ICANN is a Public Menace--IDN or Internationalized Domain Name homograph attack, also known by the names “homoglyph” and “script spoofing,” attackers are able to register lookalike domain names by exploiting the similar appearance of certain characters in English, Chinese, Latin and Greek or other scripts--securityboulevard.com.

c. Famous Four Media, GRS Domains, Domain Venture Partners et al--insider battles, changes in ownership and/or control and/or management, of 16 high-volume new gTLDS--a total of 5,370,991  (as of Aug 10, 2018) domain names, being 21.67% of all new gTLD domain names registered, of which many, if not most, may drop over the next 12-24 months under the new pricing policy--read more at domainincite.com. Editor's note: Add another chapter to the continuing saga of incompetent ICANN and its new gTLD registry operator "partners." 

d.  Cryptocurrency Handshake (handshake.org) is aiming to be a "wholly democratic and decentralized certificate authority and naming system," and has raised $10.2 million to replace the current digital entities maintaining internet infrastructure.--linuxjournal.com. See also the project's GitHub page: https://github.com/handshake-org. Editor's note: Replace ICANN? Sounds too good to be true!

4) ICYMI Internet Domain News 
graphic "ICYMI Internet Domain News" ©2017 DomainMondo.com
  • China is "now exporting its model of a censored internet to other countries, including Vietnam, Tanzania and Ethiopia"--NYTimes.com.
  • US: Senate Democrats Are Circulating Plans For Government Takeover Of The Internet--reason.com.
  • Uganda: A social media tax, freedom of speech and Uganda--ft.com
  • China: "Click this link and you can get The Register banned in China ... thanks to that subversive dissident Winnie the Pooh"--theregister.co.uk
  • US: "Facebook, Twitter, Google are killing free speech--lifesitenews.com. Krieger: "Stop Complaining And Just Delete Facebook"--zerohedge.com.

5) Most Read this past week on DomainMondo.com:
graphic "Domain Mondo" ©2017 DomainMondo.com

-- John Poole, Editor, Domain Mondo 

Editor's note: this edition of News Review was published early this weekend to accommodate summer vacation schedules.

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